Ecobiz.asia – EcoSecurities has secured a technical-assistance contract under the UK PACT (Partnering for Accelerated Climate Transitions) programme to help Indonesia strengthen its carbon-market infrastructure and governance.
The 15-month initiative aims to support the country in scaling a high-integrity carbon market aligned with national climate goals and international standards.
The programme, Partnership and Registry Optimisation for Transparency, Engagement, Carbon Integrity, and Trading (PROTECT), will be delivered by EcoSecurities in consortium with the Institute for Development of Economics and Finance (INDEF).
It will assist the Indonesian government in improving institutional readiness, market governance, MRV systems, Article 6 operational frameworks, and private-sector engagement.
The initiative comes amid Indonesia’s sizeable climate-finance gap, estimated by the We Mean Business Coalition at US$473 billion needed by 2035 to meet its Second Nationally Determined Contribution for 2031–2035.
The programme aims to help unlock carbon-finance flows into energy, transport, land-use, and nature-based sectors through higher-quality carbon-market infrastructure, including future pathways for linkage to international markets.
Project activities will include strengthening market infrastructure and institutional capacity, developing high-integrity guidelines, increasing stakeholder readiness, enabling private-sector participation, and building avenues for attracting international climate finance.
The programme also emphasises ensuring that emerging carbon-market activities deliver social, economic, and environmental benefits for Indonesian communities.
EcoSecurities CEO Pablo Fernández said the programme comes at a pivotal moment as Indonesia accelerates carbon-market and pricing policies. He noted the country’s target of reducing 1.2–1.5 gigatonnes of emissions by 2030, adding that high-integrity carbon markets are “one of the most powerful tools to mobilise the scale of investment required” while directing finance to communities and sectors leading the transition.
“With nearly three decades of experience delivering climate-finance
solutions across emerging markets, EcoSecurities is proud to be supporting Indonesia in building a, high quality, high integrity carbon-market system that can increasingly attract international investment, and helps the country to accelerate its transition to a low carbon, sustainable economy, that works for all.” ***
